MT

Montana Housing Market

2026 Market Report & Data · Data through July 2026 · Source: Redfin

$518K

Median Price

85

Days on Market

6.0

Months Supply

+3.6%

YoY Change

Balanced Market

Market Type

Buyer's Markets (33) Seller's Markets (7) Cheapest Cities Fastest Selling Rising Markets (10) Price Drops (10)

Market Dashboard

Market Summary

Buyer's Markets

33

cities with 6+ months supply

Balanced Markets

52

cities with 3-6 months supply

Seller's Markets

7

cities with <3 months supply

Top 10 Most Affordable Cities in Montana

Ranked by lowest median home price.

City Median Price DOM
1. Augusta $50K 121d
2. Luther $60K 245d
3. Stockett $65K 38d
4. Acton $83K 61d
5. Elkhorn $95K 84d
6. Rapelje $129K 129d
7. Custer $135K 34d
8. Ballantine $145K 42d
9. Walkerville $150K 203d
10. Boulder $164K 248d

🏰 Top 10 Most Expensive Cities in Montana

Ranked by highest median home price.

City Median Price DOM
1. Nye $3.00M 46d
2. Gallatin Gateway $2.36M 131d
3. Springhill $1.98M 49d
4. Sedan $1.95M 55d
5. Little Bitterroot Lake $1.88M 255d
6. Big Sky $1.87M 92d
7. Gallatin River Ranch $1.45M 77d
8. Monarch $1.30M 451d
9. Fox $1.27M 119d
10. South Hills $1.25M 228d

Top Buyer's Markets in Montana

33 cities have more than 6 months of inventory — buyers can negotiate.

City Months Supply Median Price DOM
1. Ponderosa Pines 33.7 mo $600K 95d
2. Marion 24.0 mo $1.19M 89d
3. Gallatin River Ranch 22.4 mo $1.45M 77d
4. West Yellowstone 19.2 mo $649K 310d
5. Big Sky 14.7 mo $1.87M 92d
6. Gallatin Gateway 12.8 mo $2.36M 131d
7. Neihart 12.8 mo $215K 44d
8. Walkerville 12.8 mo $150K 203d
9. Joliet 12.3 mo $345K 231d
10. Red Lodge 12.3 mo $637K 62d

Top Seller's Markets in Montana

7 cities have less than 3 months of inventory — sellers have the advantage.

City Months Supply Median Price DOM
1. Forest Hill Village 1.1 mo $899K 112d
2. Helena Valley Northwest 1.4 mo $515K 54d
3. Worden 1.6 mo $415K 50d
4. Wye 1.7 mo $575K 327d
5. East Helena 2.0 mo $468K 73d
6. Bonner-West Riverside 2.3 mo $389K 36d
7. Great Falls 2.4 mo $349K 52d

Top 10 Fastest Selling Cities in Montana

Cities where homes sell fastest, ranked by lowest median days on market.

City Days on Market Median Price
1. Hardy 3d $580K
2. Rimini 6d $395K
3. Piltzville 23d $649K
4. Willow Creek 23d $340K
5. Custer 34d $135K
6. Vaughn 35d $502K
7. Bonner-West Riverside 36d $389K
8. Stockett 38d $65K
9. Helena Valley Southeast 41d $566K
10. Manhattan 41d $709K

Top Rising Markets in Montana

Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.

City YoY Change Median Price
1. Columbus +56.3% $430K
2. Evergreen +30.5% $555K
3. Manhattan +28.8% $709K
4. Helena Valley Southeast +18.1% $566K
5. Orchard Homes +18.0% $700K
6. Helena Valley West Central +17.9% $540K
7. Columbia Falls +15.9% $498K
8. Montana City +14.0% $775K
9. Lolo +10.4% $632K
10. Bigfork +7.7% $829K

Cities with Price Drops in Montana

Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.

City YoY Change Median Price
1. Four Corners -24.2% $1.04M
2. Lakeside -18.2% $867K
3. East Missoula -17.4% $465K
4. Helena Valley Northeast -17.1% $629K
5. Whitefish -15.0% $848K
6. Big Sky -14.8% $1.87M
7. Missoula -9.6% $529K
8. Bozeman -8.7% $639K
9. Lockwood -6.2% $402K
10. Wye -5.9% $575K

All 140 Cities in Montana

Montana Real Estate Market Overview

The Montana housing market currently shows balanced market conditions, with a median sale price of $518K and 6.0 months of inventory supply. Homes in Montana typically sell in 85 days.

Key Market Insights for Montana

Finding an Agent in Montana

Whether you're buying or selling in Montana, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Montana provides expert guidance tailored to your specific city and neighborhood.

Frequently Asked Questions About Montana Real Estate

Is Montana a buyer's or seller's market in 2026?

Montana is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.

What is the median home price in Montana?

The median home price in Montana is approximately $518K as of July 2026. Prices range significantly across the state, with Nye among the most expensive areas and Augusta offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.

How long does it take to sell a house in Montana?

Selling timelines in Montana vary by city and market conditions. The fastest-selling markets include Hardy with a median of 3 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.

Should I buy a house in Montana right now?

Whether to buy in Montana depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.

How do I find a real estate agent in Montana?

Start by researching agents with proven experience in your target Montana market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Montana to help you find the right match.

Find a Montana Real Estate Agent

Connect with a local expert who knows your market.

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